Neenah Paper Declares Quarterly Dividend

January 31, 2012 03:30 PM Eastern Standard Time

ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah Paper, Inc. (NYSE:NP) announced today that its Board of Directors
declared a regular quarterly cash dividend of $0.12 per share on the
company's common stock. The dividend is payable on March 2, 2012 to
stockholders of record as of close of business on February 10, 2012.

The company announced in November 2011, it was increasing its quarterly
dividend effective in 2012 from $0.11 to $0.12 per share.

About Neenah Paper, Inc.

Neenah Paper is a leader in premium image and performance-based
products, including filtration, specialized substrates used for tapes,
labels and other products, and high-end printing papers. Products are
marketed under well-known brands such as CLASSIC®, ENVIRONMENT®, CRANE®,
SUNDANCE®, KIMDURA®, Gessner®, JET-PRO®, SofStretch(TM) and varitess(®.
Neenah Paper is headquartered in Alpharetta, Georgia and sells products
in over 70 countries worldwide from manufacturing operations in the
United States and Germany. Additional information about Neenah Paper can
be found at the company's web site, www.neenah.com.